Vienna, Austria

Sustainable Development, Management and Policy

Language: English Studies in English
Subject area: economy and administration
University website: www.modul.ac.at
Development
Development or developing may refer to:
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Policy
A policy is a deliberate system of principles to guide decisions and achieve rational outcomes. A policy is a statement of intent, and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an organization. Policies can assist in both subjective and objective decision making. Policies to assist in subjective decision making usually assist senior management with decisions that must be based on the relative merits of a number of factors, and as a result are often hard to test objectively, e.g. work-life balance policy. In contrast policies to assist in objective decision making are usually operational in nature and can be objectively tested, e.g. password policy.
Sustainable Development
Sustainable development is the organizing principle for meeting human development goals while at the same time sustaining the ability of natural systems to provide the natural resources and ecosystem services upon which the economy and society depend. The desired result is a state of society where living conditions and resource use continue to meet human needs without undermining the integrity and stability of the natural system. Sustainable development can be classified as development that meet the needs of the present without compromising the ability of future generations.
Policy
You have despoiled churches. You have threatened every corporation and endowment in the country. You have examined into everybody's affairs. You have criticised every profession and vexed every trade. No one is certain of his property, and nobody knows what duties he may have to perform to-morrow. This is the policy of confiscation as compared with that of concurrent endowment.
Benjamin Disraeli, speech on the University Education Bill (Ireland), House of Commons, March 11, 1873.—Selected Speeches of the Late Right Honourable the Earl of Beaconsfield, ed. T. E. Kebbel, vol. 2, p. 390 (1882).
Management
A company will get nowhere if all of the thinking is left to management.
Akio Morita (1987). Made in Japan, p. 149
Policy
There is an eternal dispute between those who imagine the world to suit their policy, and those who correct their policy to suit the realities of the world.
Attributed to Albert Sorel. Reported as unverified in Respectfully Quoted: A Dictionary of Quotations (1989).
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